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Wealth Insight released a report on the growth of High Net Worth Individual (HNWI) in Singapore. A large growth was seen in the past five years and is expected to grow at a faster pace in the next five. By 2020, Singapore is expected to overtake Hong Kong in the number of HNWI.

Today, 1 in 35 people in Singapore is considered wealthy or falls within HNWI. How much do you need to have to be considered rich in Singapore and how do you get there?

Below is an infographic that might give you some ideas.

Do you want to become a High Net Worth Individual and attain early financial independence? Join multi-millionaire investor Ken Chee in his coming Value Growth Workshop to gain some useful tips.

Trained in fund management, Raymond is familiar with shares and various investment vehicles.

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